Sign In
Search
Air Force

Boeing Takes $536 Million Charge On Air Force Tanker, Says Schedule Intact

Cal Biesecker By
SHARE:
Boeing Takes $536 Million Charge On Air Force Tanker, Says Schedule Intact
A rendering of the KC-46A. Boeing image.

For the second straight year, Boeing [BA] on Friday said it will take a hefty charge in the second quarter on the KC-46 Pegasus aerial refueling tanker it is developing for the Air Force, this time a $536 million gouge to the bottom line.Boeing said that the charge, which equates to 77 cents earnings per share (EPS), is related to work on the tanker’s integrated fuel system that arose when the company was preparing for and conducting test and verification…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Air Force

Air Force Awards BlackSky $99 Million To Large Aperture Optical Payload For Space-Based Imaging

Air Force

Next SDA Tranche 1 Launches Likely In May Or June, Director Says

Air Force

Space Systems Command Conducts VICTUS DIEM Tactically Responsive Space Exercise

Air Force

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Trending

Hanwha Plans Alabama Site To Support U.S. Production Of K9MH Howitzer It’s Offering To U.S. Army
Navy Issues RFP For T-45 Trainer Aircraft Replacement
More Than $1 Billion Capacity Investment Will Help Boost F135 Production, Pratt & Whitney Says
Rocket Lab Gets German Approval To Acquire Mynaric
Autonomous Vessel Developer Saronic Raises $1.8 Billion To Accelerate Production, Add Capacity

Congress Updates

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]

Pentagon

Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume